Wish you were here? That’s the legal market’s proverbial postcard from Manchester, the front image now featuring a Nabarro office with three Addleshaw Goddard partners inside.
Nabarro’s step into Manchester follows a number of events. It comes weeks after BLP opened a hub in the city, the same week that Manchester City won the Premier League and not long after Addleshaws witnessed the exit of a group of other partners. They include corporate managing partner Phillip Goodstone, who left for EY, banking partner Andrew Besser, who quit for Olswang and Leeds planning and environment head Amanda Beresford, for Shulmans.
But what’s Nabarro’s goal? While a number of firms have set up low cost support centres outside of London this year – Hogan Lovells in Birmingham and Ashurst in Glasgow among the most recent – Nabarro’s partner-led model is expected to be most similar to the one adopted by Simmons & Simmons Bristol office.
“We’re partner-led, and are exploiting efficiencies between London salaries and costs in Bristol,” Simmons’ managing partner Jeremy Hoyland told The Lawyer week.
Bristol v Manchester: the match begins.
Also on The Lawyer:
- Clifford Chance, Rosenblatt and Shearman & Sterling are among firms that have won mandates as television companies embarked on an M&A spree
- Hogan Lovells is to close its Prague office this summer following a strategic review of the market
- Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm
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